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” FinCEN acting director says PATRIOT Act provision isn’t ‘right sized’ for crypto enforcement “ Him Das, the acting director of the United States Financial Crimes Enforcement Network, or FinCEN, said some of the government bureau’s tools to fight money laundering and terrorism financing may be ill suited for crypto. In a Thursday hearing of…
” Buenos Aires to accept crypto for tax payments, launch DLT-backed citizen profiles “ The capital of Argentina and an agglomeration with more than 12 million citizens, Buenos Aires will make blockchain a vital part of its digitalization drive. Specifically, the city will accept public financial transactions in crypto. As the city mayor Horacio Rodríguez…
” Russian security agency wants exchanges to share data with crime investigators “ Russia’s Federal Security Service (FSB) and the Ministry of Internal Affairs (MVD) have submitted their review notes on the forthcoming “crypto bill,” developed by the country’s Finance Ministry. Law enforcement agencies push for requiring crypto firms to share transaction data with investigators and…
” New York Mayor urges state to abandon ‘stifling’ BitLicense scheme “ New York City Mayor Eric Adams has hit out at his states’ BitLicensing regime, claiming that it stifles innovation and economic growth. In a closing keynote interview at the Crypto and Digital Assets Summit in London on April 27, Adams suggested his state…
“Biden owns the Ukraine War and other commentary” Conservative: Biden Owns the Ukraine War After “thousands of unnecessary deaths,” President Biden is finally “providing Ukraine with the weapons it needs,” writes The Washington Post’s Marc Thiessen. Defense Secretary Lloyd Austin at last said the US goal is to “help Ukraine so decimate Russia’s military that…
” Acting OCC comptroller calls for standards on stablecoins “ Michael Hsu, the acting head at the United States Office of the Comptroller of the Currency, said stablecoins need standards comparable to the early internet. In a written statement following his appearance at the Artificial Intelligence and the Economy event in Washington D.C. on Wednesday,…
” Cuban central bank makes it official: VASP licensing coming in May “ In a move that could potentially foster the growth of Cuba’s nascent tech industry, the Banco Central de Cuba (BCC), the country’s central bank, will begin issuing licenses for Bitcoin (BTC) and other virtual asset services providers (VASPs). According to the Official…
” New York State Assembly passes ban on new BTC mines that don’t use green power “ The New York State Assembly passed a bill late on Tuesday April 26 that would place a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities in the state that use a carbon based fuel to power…
” US Senate confirms Lael Brainard as Fed vice chair “ After weeks of delays due, in part, to partisan obstructionism, the United States Senate has confirmed the nomination of Lael Brainard, a member of the Federal Reserve’s board of governors, as the next vice chair of the central bank. In a 52–43 vote on…
” City of Fort Worth votes in favor of Bitcoin mining program “ Fort Worth, Texas has launched a pilot program to mine Bitcoin in partnership with the Texas Blockchain Council. In a Tuesday city council meeting, Fort Worth approved a resolution to start running three Antminer S9 Bitcoin (BTC) miners donated by the Texas Blockchain Council…